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DENVER – TELEGRAM: WESTERN UNION IS WRITING A MONEY ORDER FOR DENVER. STOP.
Western Union announced this week that in addition to moving its global headquarters to Denver, the Fortune 500 company is giving $1 million to local community programs.
The company will be moving from its current location in Englewood to 7001 E. Belleview Ave. in the Denver Tech Center sometime in mid-2018. Western Union plans to also move many of its meetings and other gatherings to Denver from New York.
Western Union employees, government officials and others gathered at the future headquarters on Thursday to celebrate the announcement.
The company also took the opportunity to announce $1 million in contributions to local nonprofits and other non-governmental organizations.
Distributed over a period of a year, the investments will go to such organizations as the Denver Public Schools Foundation, Junior Achievement Rocky Mountain, Emily Griffith Technical College and Mi Casa Resource Center.
Western Union also plans to make space available in its new headquarters for organizations to host community gatherings.
“Denver is a dynamic, global city – and it will be the centrepiece of our worldwide operations for decades to come. With the central location and amazing people drawn here because of economic opportunity and quality of life, this region is an ideal match for our global company,” said Western Union President and CEO Hikmet Ersek. “We’re proud to say that we’re here to stay, and we’re investing in the community and people.”
All told, Western Union expects to invest more than $300 million in the Denver area over the next 10 years.
The company currently employs more than 1,300 people locally.